United States stocks finish at all-time highs anew

Traders work on the floor of the New York stock exchange on 8 January 2018. Reuters

United States stocks finish at all-time highs anew

Stocks roared to another day of record highs, climbing steadily through the day and finishing near session highs.

Brent crude rose above $70 a barrel and US crude rose 1.57 percent to $64.58 per barrel, its highest since December 2014, boosted by a surprise drop in USA production and lower crude inventories.

The Treasury move helped push the utilities sector.SPLRCU down 0.6 percent, making it the weakest performer of the S&P 500's 11 sectors.

Earnings from big banks were mixed, with JPMorgan Chase rising 1.7 percent after beating expectations, even as profits were hit by one-time effects of the tax law changes.

Dark Souls Remastered announced for PC with improvements
Dark Souls' previous re-release on PC was dubbed the Prepare to Die edition, which makes it sound a separate version of the game. In any case, Dark Souls: Remastered will land on Xbox One, PS4, and PC the same day it launches on the Switch: May 25, 2018.

At the closing bell, the Dow Jones Industrial Average stood at 25,574.73, up 0.8 percent.

Earnings for S&P 500 companies are expected to increase on an average by 12.1 percent in the quarter, with profit for financial services companies likely to increase 13.2 percent, according to Thomson Reuters I/B/E/S.

The Nasdaq Composite was up 5.27 points, or 0.07 percent, at 7,217.04.

But Facebook sank 4.5 percent after announcing a plan to update its newsfeed to emphasize posts from friends and family over other content.

Federal Judge Temporarily Blocks Trump's Decision to End DACA
Asked about the ongoing Russian Federation investigation, Mr Trump said it was a "democratic hoax". There are about 780,000 DACA recipients living in the country.

BlackRock (BLK.N) rose 3.3 percent.

Advanced Micro Devices fell 2.66 percent after the company said its microprocessors are prone to both variants of the Spectre security flaw, days after saying its risk for one of them was "near zero".

Core CPI increased 1.8 percent in the 12 months through December, picking up from 1.7 percent in November.

Advancing issues outnumbered declining ones on the NYSE by a 1.17-to-1 ratio; on Nasdaq, a 1.54-to-1 ratio favored advancers. On the Nasdaq, 2,140 issues rose and 771 fell.

Japan confirms sub spotted near Senkakus was Chinese
It does not include the contiguous zone, where a coastal state is afforded some law enforcement rights under worldwide law. A Chinese frigate was also observed Thursday entering the zone, prompting Japan to protest that action.

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